Now Playing

10/4/2010 10:52AM

Markets Hub: Stocks Waver, Treasurys Rise

Stocks down slightly, with investors waiting for big news later this week. Genzyme, Sara Lee are rising amid acquisition offers. Treasurys are up on European-related fears. George Stahl, Kristina Peterson and Paul Vigna discuss.

This transcript has been automatically generated and may not be 100% accurate.

... and ... doctor wavering with Treasuries are not and therein lies the tale is the market up I'm Paul beanie along with George dollar Kristina Peterson ... As ... good morning Christine Aliso features Tom was going on in the stock market yes the pants its trading stocks during Raymarine today telecom stocks moving higher because Verizon's dedicated to refund customers that also helped boost eighteen ... they get a lot of money ... on ... the twenty seventh General hesitation and ahead of the Fed tightening is on Thursday to kick some out alone one-third to do one and then Friday to a team of the jobs market Renault said the Diesslin reducing data today with a new home sales and factory orders re yet none of the wall ... well the great factory orders were down but mostly just because the planes however on new home sales were up more than expected with the aim of the money to try it still owns tools ... used to still down so sharply from the year-ago you reach as low as they are ... pleased that there's no acted like TV ... yet to encourage me ... is it that the market didn't really respond that much ... write to me and stocks come and is jumping up and down a little with ... a range ... not a lot of movement there ... really George ... what about some specific stocks trade on the dollar moving exactly exactly ... and and a recent development regarding seventeen Genzyme overnight ... Saturday went hostile with its offer for Genzyme keeping its offer of sixty nine ... now it has been ongoing situation ... is just one ... act was to be out of the ongoing drama between the two ... jets dollars for a higher offer in the number you keep your eyes the air ... Genzyme is out of the stick with its offer of sixty nine so it seems like all this is going to try it out with the seventy four seventy five families and that Chevron ... is the Genzyme's outlook that said seventy one cents it's above the offer and so some people are expected to get some point to go higher they are all these escapees Richard Ross has seen some activities Sara Lee today ... though shares are popping reports of a ... of KKR trying to make overtures to them that they have rejected you apply them to do a buyout of and and and this is what we're seeing private equity's five hundred billion dollars cash we need to put it somewhere ... Sara Lee's from his compositions it generates catch a strong brand so that that is something that with the deal was about ... ten percent or so ... the board rejected it was rejected when the meat companies are really going get back into MobileMe we mean ... the Montine's crest lot of people were hurt so ... you wonder ... now you know we mention the Treasury market the top got a bike Treasurys director of rising ... yields or fall in ten years below two point five of the two he hit a record low two point three nine ... obvious fears you're out you know this concern about the Irish banking situation solvency ... and his terror at warned Friday morning right and that's ... what people are going to see teams ... exposures and I bought a write regular session of the above eighty two ready yet kit increase expected it to briefly so ... great ... to get its own again ... that's all time we had this been the markets' welcome back for PMC Simon on the news called ... for breaking news all day long stay logged on to dubious J dot com ... been ... I ...